Property
RLC sees bigger REIT asset recycling opportunities
Robinsons Land Corp. (RLC) is eyeing a bigger asset-recycling program through RL Commercial REIT Inc. (RCR), with more malls and offices available for potential infusion as the property developer shifts toward recurring income.
Ayala Land starts turnover of Naga employee homes
BellaVita, the socialized housing arm of Ayala Land Inc., has started turning over homes to Naga City government employees under a program covering 1,011 units at BellaVita Naga in Barangay Pacol.
AREIT eyes October approval for P17.33B swap
AREIT Inc. is moving toward an October regulatory filing for its P17.33-billion property-for-share swap with Ayala Land Inc. and four subsidiaries, a transaction that will bring six shopping mall and hotel assets into the real estate investment trust’s portfolio and potentially strengthen recurring cash flow and dividends.
CLI clears regulatory hurdles for P25-billion project launches
Cebu Landmasters Inc. is set to resume its project launch program in the second half of the year after addressing regulatory requirements that delayed several developments during the first six months.
RLC to more than double logistics footprint by 2030
Robinsons Land Corp. (RLC) is positioning logistics as its next major growth engine, planning to more than double its industrial and warehouse footprint by 2030 as it seeks to deepen recurring income.
